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The Economic Times
The Economic Times

Global drugmakers rush to boost US presence as tariff threat looms

Global drugmakers have been ramping up U.S. manufacturing and stockpiling inventory as the Trump administration moves to impose 100% tariffs on branded drugs unless companies cut prices or make medicines domestically.

Although enforcement is delayed for companies ​investing in U.S. manufacturing, the policy has already prompted fast-tracked projects, price cuts and direct-to-consumer sales.

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